Custom Apparel Startups

Part 3: What you need to do to GET THEREWhat will you need to do to reach your goals?If you need to sell 400 more shirts per month, how will you do that?Was expanding a goal? What will you need?In this series, we first took a look back at last year, (or if you are new maybe you did some initial research on the biz). Then we went through and created goals. These goals helped us work backwards.So if you wanted to make $50k in profit, you sell shirts for $20 and you profit $10 a shirt.... you need to sell 5000 shirts. This means you need to sell about 417 shirts a month. This is your goal.You have a profit goal = at least $50kYou have an annual shirt goal = $50k / $10 profit per shirt = 5000 shirtsYou have an annual revenue goal = 5000 shirts x $20 retail = 100kYou have a monthly sales goal = about 417 shirts for about $8340 and $4170 profitNow that you have a goal, how are you going to achieve it.What has worked in the past?If you are in business already this is great because you can look at what worked well be